Teamwork Financial Advisors LLC Has $16.74 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Teamwork Financial Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 289,365 shares of the company’s stock after acquiring an additional 36,646 shares during the period. JPMorgan Equity Premium Income ETF makes up about 2.6% of Teamwork Financial Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Teamwork Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $16,743,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Trexquant Investment LP bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $527,000. Gotham Asset Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 3.3% in the third quarter. Gotham Asset Management LLC now owns 37,949 shares of the company’s stock valued at $2,033,000 after acquiring an additional 1,223 shares during the last quarter. Evergreen Capital Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 1.8% in the third quarter. Evergreen Capital Management LLC now owns 31,574 shares of the company’s stock valued at $1,691,000 after acquiring an additional 558 shares during the last quarter. ELCO Management Co. LLC boosted its stake in JPMorgan Equity Premium Income ETF by 26.6% in the third quarter. ELCO Management Co. LLC now owns 29,000 shares of the company’s stock valued at $1,553,000 after acquiring an additional 6,100 shares during the last quarter. Finally, Lido Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 28.2% in the third quarter. Lido Advisors LLC now owns 23,057 shares of the company’s stock valued at $1,235,000 after acquiring an additional 5,073 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI traded down $0.06 during mid-day trading on Thursday, hitting $56.14. The stock had a trading volume of 2,345,787 shares, compared to its average volume of 3,278,742. The stock’s fifty day simple moving average is $56.58 and its 200-day simple moving average is $56.34. The firm has a market capitalization of $32.94 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94.

JPMorgan Equity Premium Income ETF Company Profile

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income.